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Insights

NERC Submits Third Quarter Budget Report

On October 14, 2014, in Docket No. FA11-21, NERC submitted a report of its budget-to-actual variance information for the third quarter of 2014. This compliance filing is in response to FERC’s January 16, 2013 Order, which approved a Settlement Agreement between FERC’s Office of Enforcement and NERC, arising out of FERC’s 2012 performance audit of NERC.